Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Up 2.7%
Bsr Real Estate Investment Trust (TSE:HOM.U – Get Rating) shot up 2.7% on Monday . The company traded as high as C$16.50 and last traded at C$16.40. 13,625 shares were traded during trading, a decline of 74% from the average session volume of 51,782 shares. The stock had previously closed at C$15.97.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on HOM.U. Raymond James set a C$24.00 price objective on Bsr Real Estate Investment Trust and gave the company a “strong-buy” rating in a report on Thursday, May 12th. Royal Bank of Canada lowered their target price on Bsr Real Estate Investment Trust from C$24.00 to C$23.50 and set an “outperform” rating on the stock in a research note on Thursday, May 12th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$19.69.
BSR Real Estate Investment Trust Trading Up 2.7%
The company has a current ratio of 0.73, a quick ratio of 0.48 and a debt-to-equity ratio of 181.81. The firm has a market cap of C$611.24 million and a price-to-earnings ratio of 1.86. The company has a 50 day moving average of C$15.85 and a 200 day moving average of C$17.96.
BSR Real Estate Investment Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 15th were issued a $0.0433 dividend. The ex-dividend date was Wednesday, June 29th. This represents a $0.52 annualized dividend and a dividend yield of 3.17%. BSR Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 5.72%.
Insiders Place Their Bets
In other news, Director John Stanley Bailey acquired 4,600 shares of Bsr Real Estate Investment Trust stock in a transaction dated Tuesday, May 24th. The stock was bought at an average cost of C$21.95 per share, with a total value of C$100,971.55. Following the completion of the transaction, the director now directly owns 1,023,676 shares of the company’s stock, valued at C$22,470,032.16. In other news, Director William Daniel Hughes Jr. bought 2,000 shares of the stock in a transaction dated Monday, June 27th. The shares were bought at an average price of C$18.79 per share, for a total transaction of C$37,580.28. Following the completion of the purchase, the director now owns 6,000 shares in the company, valued at C$112,740.84. Also, Director John Stanley Bailey bought 4,600 shares of the stock in a transaction dated Tuesday, May 24th. The shares were purchased at an average price of C$21.95 per share, for a total transaction of C$100,971.55. Following the purchase, the director now owns 1,023,676 shares of the company’s stock, valued at approximately C$22,470,032.16. Insiders acquired 7,600 shares of company stock worth $157,984 over the last ninety days.
BSR Real Estate Investment Trust Company Profile
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BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.
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